diff --git a/sky/__init__.py b/sky/__init__.py
index 242269e6a6d..a88f48e7488 100644
--- a/sky/__init__.py
+++ b/sky/__init__.py
@@ -3,7 +3,7 @@
 
 # Replaced with the current commit when building the wheels.
 __commit__ = '{{SKYPILOT_COMMIT_SHA}}'
-__version__ = '0.3.0'
+__version__ = '0.3.1'
 __root_dir__ = os.path.dirname(os.path.abspath(__file__))
 
 # Keep this order to avoid cyclic imports